Havemeyer Place LP Invests $582,000 in Howmet Aerospace Inc. $HWM

Havemeyer Place LP bought a new position in Howmet Aerospace Inc. (NYSE:HWM) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 2,839 shares of the company’s stock, valued at approximately $582,000.

Other institutional investors have also recently made changes to their positions in the company. Sound Income Strategies LLC raised its position in shares of Howmet Aerospace by 66.7% in the 4th quarter. Sound Income Strategies LLC now owns 125 shares of the company’s stock worth $28,000 after acquiring an additional 50 shares in the last quarter. Newbridge Financial Services Group Inc. raised its position in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in shares of Howmet Aerospace in the 4th quarter worth approximately $36,000. Ares Financial Consulting LLC bought a new position in shares of Howmet Aerospace in the 4th quarter worth approximately $37,000. Finally, Harbor Investment Advisory LLC raised its position in shares of Howmet Aerospace by 339.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 180 shares of the company’s stock worth $37,000 after acquiring an additional 139 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Susquehanna increased their target price on Howmet Aerospace from $300.00 to $330.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Wolfe Research set a $270.00 target price on Howmet Aerospace and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Bank of America raised their price objective on Howmet Aerospace from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Citigroup raised their price objective on Howmet Aerospace from $271.00 to $303.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, Truist Financial set a $280.00 price objective on Howmet Aerospace in a research report on Wednesday, March 11th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $285.53.

Insider Activity at Howmet Aerospace

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction on Monday, May 11th. The stock was sold at an average price of $269.50, for a total value of $11,300,674.00. Following the completion of the sale, the executive vice president owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.85% of the company’s stock.

Howmet Aerospace Stock Down 2.1%

HWM stock opened at $246.53 on Tuesday. Howmet Aerospace Inc. has a twelve month low of $165.51 and a twelve month high of $280.74. The company has a quick ratio of 1.59, a current ratio of 2.44 and a debt-to-equity ratio of 0.73. The firm has a market cap of $98.64 billion, a PE ratio of 57.20, a price-to-earnings-growth ratio of 1.99 and a beta of 1.19. The business has a 50 day moving average of $251.14 and a 200 day moving average of $232.36.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the company earned $0.86 EPS. The firm’s revenue for the quarter was up 19.1% on a year-over-year basis. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. On average, research analysts forecast that Howmet Aerospace Inc. will post 5.04 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 8th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 11.14%.

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.